EUR/USD

Trend Theme:EUR/USD hovers around 1.0920, eyes on Eurozone HICP, US housing data.
Trend Review:The EUR/USD pair hovers around 1.0920 during the early Asian trading hours on Tuesday. The critical resistance level remains at the 1.1000 psychological mark. Investors will take more cues from November’s Eurozone Harmonized Index of Consumer Prices (HICP) data, which is estimated to remain unchanged at -0.5% MoM while the Core HICP is forecast to stay at 0.6% MoM.
Today Advise:Bearish
Key Levels:
| PP | Resistance* | 1.0937 * | 1.0954 ** | 1.0976 *** |
| 1.0914 | Support* | 1.0897 * | 1.0875 ** | 1.0858 *** |
Weekly forecast:

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AUD/USD

Trend Theme:AUD/USD drifts higher above 0.6710 following RBA meeting minutes.
Trend Review:The AUD/USD pair attracts some buyers during the early Asian session on Tuesday. The pair trades near 0.6715, up 0.16% for the day. The RBA released the Minutes of its December monetary policy meeting on Tuesday, suggesting that the central bank saw encouraging signs of progress on inflation and this needed to continue.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 0.6729 * | 0.6755 ** | 0.6775 *** |
| 0.6710 | Support* | 0.6684 * | 0.6665 ** | 0.6639 *** |
Weekly forecast:

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WTI

Trend Theme:Oil prices climbed more than 1 percent to fresh two-week highs on concerns about supply disruptions.
Trend Review:Oil prices rose more than 1 percent on Monday as investors worried about disruptions to maritime trade and supply costs after an Iranian-allied Houthi militant group in Yemen attacked ships in the Red Sea. Earlier in the session, both benchmarks were up nearly $3 a barrel.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 74.78 * | 76.52 ** | 78.40 *** |
| 72.90 | Support* | 71.16 * | 69.28 ** | 67.54 *** |
Weekly forecast:

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XAU/USD

Trend Theme:Gold remains range-bound below $2,030, US housing data eyed.
Trend Review:Gold price sticks to the range-bound theme near $2,025 during the early Asian trading hours on Tuesday. The positive momentum in yellow metal remains intact, supported by a modest pullback in the US Dollar and lower US Treasury bond yields.
Today Advise:Bullish
Key Levels:
| PP | Resistance* | 2034.80 * | 2043.08 ** | 2052.39 *** |
| 2025.49 | Support* | 2017.21 * | 2007.90 ** | 1999.62 *** |
Weekly forecast:

